(Bloomberg) -- China's CSI 300 Index rose to a record
for a third straight day. Finance Street Holding Co. led
developers higher on expectation a stronger yuan will lure
speculative money into the property market.
``There's a consensus that the yuan will continue to
strengthen,'' said Yan Ji, an investment manager at HSBC Jintrust
Fund Management Co. in Shanghai, which manages about $517 million.
``That's good for property stocks, which are a nice investment
option for speculative money betting on the yuan's appreciation.''
Read more at Bloomberg Stocks News
for a third straight day. Finance Street Holding Co. led
developers higher on expectation a stronger yuan will lure
speculative money into the property market.
``There's a consensus that the yuan will continue to
strengthen,'' said Yan Ji, an investment manager at HSBC Jintrust
Fund Management Co. in Shanghai, which manages about $517 million.
``That's good for property stocks, which are a nice investment
option for speculative money betting on the yuan's appreciation.''
Read more at Bloomberg Stocks News
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